One of the most valuable and rare dimes in U.S. history, the 1975 “No S” Roosevelt Dime has captured the focus of both numismatists and serious collectors.
This proof coin, which lacks the “S” mint mark, is an extraordinary error, with only two known examples to date. We will explore the history, value, and essential details of this coin.
What Is Unique About the 1975 No S Roosevelt Dime?
During the 1975 production of proof sets at the San Francisco Mint, the “No S” mint mark blunder was introduced. Proof coins from this mint typically bear a “S” mark. Nevertheless, a limited number of proof dimes were minted without this distinguishing mark as a result of an error.
The use of specially prepared dies and planchets in the production of proof coins results in a mirror-like surface and precise, detailed features. The design and finish of these coins are significantly preferable to those of standard dimes, as they are not intended for circulation. The 1975 No S Roosevelt Dime is of immeasurable value due to the anomaly of the “S” mint mark being absent from a proof coin.
Rarity and Key Details
As of now, there are only two verified examples of the 1975 No S Roosevelt Dime. The rarity of this coin was further underscored by the fact that both were discovered in proof collections. This renders it one of the most uncommon modern dimes, not only because of its error but also because of the exceedingly limited number of known specimens.
In the late 1970s, the 1975 No S Roosevelt Dime was discovered and has since garnered extraordinary auction prices. In 2019, a single coin of this nature was sold for an extraordinary $516,000, a substantial increase from its auction price of $349,600 in 2011. This coin is highly regarded by collectors due to its exceptional rarity and impeccable condition.
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Methods for Identifying a 1975 No S Roosevelt Dime
Collectors should verify the following in order to identify a 1975 No S Roosevelt Dime:
- Absence of the “S” mint mark: The “S” mint mark is absent on regular 1975 proof Roosevelt dimes from the San Francisco Mint. If this mark is absent from your proof dime, it may indicate a No S error.
- Proof Condition: These coins are proof specimens, which means they will have a highly reflective, mirror-like surface and crisp details. They are not circulated coins and should not be subject to any signs of deterioration.
It is crucial to acknowledge that the likelihood of encountering this coin in circulation is exceedingly low. It is believed that there are no more than two examples in existence, and both of the known examples were derived from proof sets.
Auction History and Value
The rarity of the 1975 No S Roosevelt Dime has significantly contributed to its significant increase in value over the years. This coin was initially sold for $18,200 in 1978. It has consistently shattered auction records since that time:
2011: At an auction conducted by Stack’s Bowers, the item was sold for $349,600.
2019: In 2019, it was sold once more for $516,000, which is indicative of its increasing value and desirability.
Other No S Roosevelt Dimes
It is intriguing that the 1975 No S Roosevelt Dime is not the sole instance of this particular minting error. Other “No S” dimes were manufactured in various years, such as 1968, 1970, and 1983. These additional No. S dimes are valuable, but they do not come close to the 1975 version.
- 1968 No S Roosevelt Dime: Valued at $10,500+
- 1970 No S Roosevelt Dime: Estimated to be worth over $450
- 1983 Roosevelt Dime No. S: Estimated at $400.
What is the significance of the 1975 No S Roosevelt Dime?
The rarity and demand of this coin are the primary factors contributing to its extraordinary value. The 1975 No S Roosevelt Dime is exceedingly rare, with only two confirmed examples. Additionally, the value of this item is further bolstered by the fervor of collectors, who are prepared to pay exorbitant prices to acquire one of the few examples that do exist.
The 1975 No S Roosevelt Dime is a numismatic treasure that is highly sought after due to its rarity and the overwhelming magnitude of the error. Over the years, its auction prices have increased, surpassing numerous records. This coin will continue to garner interest and maintain its status as one of the most valuable dimes in U.S. history, despite the fact that only two examples are known.
This dime is a unique opportunity for collectors to acquire a piece of numismatic history. If you ever encounter a proof dime that lacks the “S” mint mark, it is worth scrutinizing, although the likelihood of discovering an additional 1975 No S Roosevelt Dime is exceedingly low.